Heuking advises KIRK KAPITAL A/S / Scanmetals A/S on acquiring the majority in Scanmetals Deutschland GmbH

A team led by Dr. Jörg Schewe, Partner at Heuking Kühn Lüer Wojtek in Hamburg, advised Danish recycling company Scanmetals A/S and its investor KIRK KAPITAL A/S on the acquisition of 85% of the shares in non-affiliated Scanmetals Deutschland GmbH. With the transaction, Scanmetals A/S is taking over a recycling plant in Germany, increasing its annual metal recovery volume from 30,000 to 45,000 tons. As minority investor in Scanmetals A/S, KIRK KAPITAL A/S supported the company and management in the transaction.

Established in 2002, Scanmetals A/S is a recycling company based on an innovative and sustainable technology for recovering and refining metallic waste from incineration plants. Scanmetals A/S owns and operates plants in Slagelse, Denmark, and Birmingham, UK.

The shareholders of KIRK KAPITAL A/S are direct descendants of Ole Kirk Kristiansen, the founder of LEGO, namely Gunhild Kirk Johansen (3rd generation), Casper Kirk Johansen (4th generation), Morten Kirk Johansen (4th generation) and Anders Kirk Johansen (4th generation). Since 2007, a part of the Kirk Johansen family’s wealth and investment activities have been combined in KIRK KAPITAL A/S.
 

Counsel to Kirk Kapital A/S / Scanmetals A/S
Heuking Kühn Lüer Wojtek:
Dr. Jörg Schewe (M&A/Corporate, Lead)
Christoph Prochnau, LL.B. (M&A/Corporate, Due Diligence
Fabian G. Gaffron (Tax)
Dr. Kai Erhardt (Corporate Finance, Acquisition Financing)
Jana Maria Siemens, LL.B. (Labor Law, Due Diligence)
Katharina Waszczynski (Commercial Contracts, Due Diligence), all Hamburg